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Institute of Cost and Management Accountants of Bangladesh (ICMAB) at Shahbag, Dhaka, Bangladesh is the only Institution in the country dedicated to Cost and Management Accounting education and research. It is managed as an autonomous professional body under the Ministry of Commerce. Apart from education, it is also engaged in regulating and promoting the profession of cost and management accounting in Bangladesh. The Institute is managed by a National Council of 16 members. It is a member of International Federation of Accountants (IFAC), Confederation of Asian and Pacific Accountants (CAPA), and South Asian Federation of Accountants (SAFA).
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Institute of Cost & Management Accountants Official Site
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The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is a leading professional body in Bangladesh that offers professional qualification in Cost and Management Accountancy, with a focus on accounting for business. ICMAB programme has been designed to meet the evolving needs of business-today and tomorrow. We look forward to helping you to achieve excellence as a professional.
ICMAB is committed to maintain the highest standards while serving our students, members and our business partners. As a professional Institute, we are committed to continuous improvement and also to cope up with the changing environment as a result we are increasingly the first choice for students and employers.
ICMAB upholds high ethical and professional standards to maintain public confidence in the field of Cost and Management Accountancy. Today, more and more new, unique and innovative businesses are operating in the globalized market. This is facilitated by the advancement in information and communication technology. Cost and Management Accounting program will adequately prepare professional accountants for the new world of business.
ICMAB, an autonomous professional body under the Ministry of Commerce, Government of the People's Republic of Bangladesh is the only Institute in the country dedicated to Cost and Management Accounting education and research.
Management
A national council constituted under the Cost and Management Accountants Ordinance, 1977, manages the Institute.
A national council constituted under the Cost and Management Accountants Ordinance, 1977, manages the Institute. The council is composed of a total of sixteen members, twelve Fellows elected by the general members and four nominees of the government, not bellow the rank of joint secretary/professor, representing the Ministry of Commerce, Ministry of Finance, Ministry of Industries and Dhaka University for a three-year term. The council elects one president, two vice-presidents, one secretary and one treasurer on annual basis to manage and run the affairs of the Institute.
== International Affiliation ==
International Federation of Accountants (IFAC)
ICMAB is a founder member of IFAC . The International Federation of Accountants (IFAC) is the worldwide organization for the accountancy profession. Its mission is the worldwide development and enhancement of the profession, with harmonized standards, to enable it to provide services of consistently high quality in the public interest. International Auditing and Assurance Standards Board (IAASB) of IFAC pronounce the International Standards on Auditing (ISA).
International Accounting Standards Committee (IASC)
IASC is an independent private sector body, with the objective of achieving uniformity in the accounting principles which are used by business and other organizations for financial reporting around the world. International Accounting Standards Board (IASB) of IASC pronounces the International Financial Reporting Standards (IFRS).
Confederation of Asian and Pacific Accountants (CAPA)
CAPA represents national accountancy organization in the Asia-Pacific region. Today, CAPA has membership of 30 national accountancy organizations in 21 countries.
South Asian Federation of Accountants (SAFA)
SAFA , a non-political organization of autonomous institutes of accounting bodies of SAARC countries, like other International Accounting Bodies, aims to initiate, co-ordinate and guide in achieving technical, ethical and educational guidelines for the profession to work towards international recognition of the qualifications offered by the accountancy bodies of the region.
Through energetic participation in the activities of these bodies, the ICMAB is playing its due role in the development of management accounting globally.
Courses
Courses For 2.5 Years’ CMA
Effective from January 2006 onward)
Foundation Level 001. Introduction to Financial Accounting 002. Business Communication 003. Quantitative Techniques 004. Economics for Business
Professional Levels Professional Level– I (PL -I) 101. Intermediate Financial Accounting 102. Management Accounting – I (Introduction to Cost Accounting) 103. Management & Marketing 104. Information Technology – I (Information Management & Computer Applications)
Professional Level – II (PL-II) 201. Advanced Financial Accounting-I 202. Management Accounting – II (Introduction to Management Accounting) 203. Commercial & Industrial Laws 204. Taxation
Professional Level – III (PL-III) 301. Advanced Financial Accounting-II 302. Management Accounting – III (Advanced Cost Accounting) 303. Corporate Laws & Secretarial Practice 304. Business Finance-I: (Financial Management) 305. Auditing
Professional Level –IV (PL-IV) 401. Management Accounting – IV (Advanced Management Accounting) 402. Information Technology – II (Computerized Accounting) 403. Organization Behavior & Strategic Management 404. Business Finance II: (Investment Management) 405. Management Auditing (Cost Audit & Management Audit)
Admission Procedures
Admission Policy: Graduate Students: has passed bachelor degree from any recognized university having at least 6 (six) points on the basis of passed academic results as per calculation.
Name of Examination Division/Class 1st 2nd 3rd SSC/SSC Equivalent 3 2 1 HSC/HSC Equivalent 3 2 1 Bachelor Degree B.B.A (Hons., Pass or equivalent) 3 2 1 Master Degree/MBA * 3 2 1
Fig: Table-1
- Points for MBA will be as follows:
1) C.G.P 3 to 4 = 3 points 2) C.G.P 2 to below 3 = 2 points 3) C.G.P. below 2 = 1 point
5.1.2 A candidate seeking registration as a student of the Institute shall be required to
qualify an entry test designed to assess the general intelligence, knowledge of English and Arithmetic skills of the candidate. 5.1.3 Entry Test Rules
The basic qualification required for appearing in the Entry Test is graduate (B.Com.,
B.Sc., B.A.).
In case a candidate has appeared in the Final Examination of B.Com., B.Sc., or B.A.
pass and honours course and is waiting for the declaration of results, he/she will be allowed to take the Entry Test.
In case the candidate passes the Entry Test, registration will be granted only when
he/she clears the degree examination.
In case the candidate fails in the degree examination, his or her candidature shall
be cancelled and he or she will not be allowed registration as a student of the Institute.
The candidates having B. Com. (Honours) and M. Com. from any Department, 4 year BBA
with second division/class or CGPA at least 3.00, Graduation (pass) degree with 1st division,
MBA, C.A., or Ph.D. degree will be exempted from Entry Test. Students may also get themselves enrolled in the Correspondence Course provided they
have at least 6 points calculated on the basis as stated in para 6.1.1.
Candidates seeking admission into CMA course will have to collect prescribed admission Application Form available at all centres by paying prescribed fee and to be submitted together with necessary certificates and photograph duly attested by gazetted officer. The Entry Test shall be held on the dates announced by the Institute. The candidates shall be required to prepare themselves for the Entry Test on their own. The candidates who do not qualify the Entry Test will be allowed to appear at the next
Entry Test on payment of the prescribed Entry Test fee.
The successful result of any Entry Test will be valid only for admission in the same
session of the Institute. 5.2 Admission 5.2.1 Admission Procedure
Admission to the Foundation Course can be taken after passing the Entry Test for any
session i.e., January-June or July-December.
Forms for Registration, Enrollment and Exemption are available at all centres.
Candidates are advised to obtain the required forms. While filling in these forms candidates
must make sure that all the information required has been provided. Cross (X) the items which
are not applicable.
In the enrollment form, specifically state whether you want to be enrolled for the
Coaching Course or the Correspondence Course (in case of coaching, state whether for Day or Evening programme).
The students from overseas can take admission in the Foundation Course, without passing Entry Test. They are required to enroll themselves in Correspondence Course and complete 100%
assignments of each subject of Foundation Course in order to become eligible to appear in the Examination.
Students should fill in the Exemption Form in case they want to apply for exemption. Students of Professional Courses who are interested to enroll themselves in both
correspondence and coaching course for different levels are advised to fill in two different forms, one for correspondence and the other for Coaching Course. 5.2.2 Documents to be attached
Photostat copies of educational certificates and mark sheets from secondary school to
graduation and post-graduation.
2 (two) passport and 2 (two) stamp size latest photographs. Copies of detailed grades sheet of required examination and the syllabus of the
respective subject in case exemption is sought.
Students are required to produce the original documents to the office of the Institute
for attestation of copies thereof.
There is Correspondence Course facilities only in Dhaka. The students from the towns
other than Dhaka should send to Head Office (Dhaka) the prescribed forms along with copies of documents duly attested by gazetted officer.
The overseas students should send the copies of required documents attested by the
Bangladesh Embassy. In addition to above they should provide copies of passport and Visa.
Identity cards are issued to every student on his enrollment for which he must submit
two stamp size photograph and pay requisite fee to the Institute. The card must be carried by the student at all time and shown daily at the time of the examination or whenever required.
The students will take up enrollment under the syllabus in Foundation Level which is
of six months duration. But the student getting exemption in some subjects or all subjects of Foundation Course will be allowed to take admission simultaneously into Foundation Course and Professional Level-I. Students are also allowed to take admission in two levels at a time but to avail of this opportunity he must go in sequence i.e., he will not be allowed to take admission in Professional Level-II without passing all subjects of Foundation Level in full and so on. 5.2.3 Your Inquires
For all educational mattes relating to Coaching or Correspondence Course, contact
nearest Branches or Coaching Centres or Education Department, ICMAB, Dhaka.
For Exemption and Examination matters, write to Head of Department, Education and
Examination, ICMAB Dhaka respectively.
Note Always quote your registration number and class roll number/correspondence course
number with your full address whenever you write to the Institute, otherwise it may cause delay in replying to your queries.
Make sure that you have received the Institute’s Identity Card and Correspondence
Course materials, if you are a Correspondence Course student. Students not receiving the above listed items within 15 days of their registration/enrollment are advised to contact the Education Department, ICMAB Head Office, Dhaka.
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